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Which of the Following Statements Concerning the Securitization of Risk

question 32

Multiple Choice

Which of the following statements concerning the securitization of risk is (are) true?
I.Securitization increases the capacity of the insurance industry.
II.Securitization can be used to protect against catastrophic loss.


Definitions:

Conversion

The unauthorized act of taking someone else's property and using or treating it as one's own, thereby infringing on the owner's rights.

Dominion

Supreme authority or control over property or territory.

Plaintiff's Consent

Agreement by a plaintiff to a course of action or condition in the context of legal proceedings.

Defamation

Defamation is the act of communicating false statements about a person that injure the reputation of that person.

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